Zobrazeno 1 - 10
of 103
pro vyhledávání: '"Motohiro Yogo"'
Autor:
Ralph S. J. Koijen, Motohiro Yogo
Publikováno v:
American Economic Review: Insights. 5:73-91
Insurers are the largest institutional investors of corporate bonds. However, a standard theory of insurance markets, in which insurers maximize firm value subject to regulatory or risk constraints, predicts no allocation to corporate bonds. We resol
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::08c7560d40fb11b02efaa857bfbc9ceb
https://doi.org/10.1257/aeri.20210550
https://doi.org/10.1257/aeri.20210550
Publikováno v:
NBER Digest; May2024, Issue 5, p1-62, 62p
Autor:
Ralph S J Koijen, Motohiro Yogo
Publikováno v:
The Review of Financial Studies. 35:5275-5286
This special issue originates from a dual submission conference with the NBER Insurance Working Group and the Corporate Finance Program in 2020. It brings a broader perspective on important frictions in insurance markets, including trust between insu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::723a07d75f2fe3fe3538288a6ed3486c
https://doi.org/10.1093/rfs/hhac063
https://doi.org/10.1093/rfs/hhac063
Autor:
Ralph S. J. Koijen, Motohiro Yogo
Publikováno v:
AEA Papers and Proceedings. 112:503-508
Life insurers' business model has changed with the growth of insurance products with minimum return guarantees that are exposed to market and interest risks. The interest risk exposure of US and European insurers increased in the low-rate environment
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::822e68d94647587c3f4c26c561e7dce9
https://doi.org/10.1257/pandp.20221076
https://doi.org/10.1257/pandp.20221076
Autor:
Ralph S. J. Koijen, Motohiro Yogo
Publikováno v:
The Geneva Risk and Insurance Review
Since the mid-1980s, the share of household net worth intermediated by US financial institutions has shifted from defined benefit plans to life insurers and defined contribution plans. Life insurers have primarily grown through variable annuities, wh
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7d57e30eaf9adb44b87481c6cd460983
http://europepmc.org/articles/PMC8377459
http://europepmc.org/articles/PMC8377459
Publikováno v:
Journal of Financial Economics. 140:1-20
Using security-level holdings for all euro-area investors, we study portfolio rebalancing during the quantitative easing program from March 2015 to December 2017. Foreign investors outside the euro area accommodated most of the Eurosystem’s purchas
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0b03ca445c5e455608e7266b1b128ca7
https://doi.org/10.1016/j.jfineco.2020.11.006
https://doi.org/10.1016/j.jfineco.2020.11.006
Autor:
MOTOHIRO YOGO1
Publikováno v:
Journal of Finance (Wiley-Blackwell). Apr2006, Vol. 61 Issue 2, p539-580. 42p. 9 Charts, 5 Graphs.
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4f9ff438d27d8ecda38af06db2401913
https://doi.org/10.2139/ssrn.4251972
https://doi.org/10.2139/ssrn.4251972
Autor:
Koijen, Ralph S. J.1, Motohiro Yogo2
Publikováno v:
Research Department Staff Reports (Federal Reserve Bank of Minneapolis). Jun2019, preceding p1-62. 63p.